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On Our Radar

Weyerhaeuser 2Q Earnings Pregame Scorecard

Having exceeded expectations last quarter by 2 cents per share, Weyerhaeuser (WY) is scheduled to report again on Friday.

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Expectations

Analysts currently expect Weyerhaeuser to come in with earnings of 10 cents per share on revenues of $1.75 billion. Analysts gave estimates ranging from earnings per share to earnings per share. Over the past two months, the average estimate has moved up from 8 cents.

Stock Movement

In terms of price changes, the stock's best recent streak was when it gained $2.45 per share between June 25, 2012 and July 3, 2012.

Company Fundamental TrendsIn terms of revenue, the company hopes that this earnings announcement will help it rebound from streak of four straight quarters of decreases. Revenue fell 10.8% over the second quarter of the last fiscal year, 5.7% in third quarter of the last fiscal year and 2.9% in the fourth quarter of the last fiscal year and continued to drop first quarter. Profit has fallen by a year-over-year average of 58.8% during the previous four quarters, and the company is will try to reverse trend of recent drops in profit leading up to this earnings announcement.

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Stock Ratings

Weyerhaeuser's average analyst rating hasn't changed over the past three months.

Last Quarter's Results

In the first quarter, profit fell 58.6% to $41 million (8 cents a share) from $99 million (18 cents a share) the year earlier, but exceeded analyst expectations. Revenue fell 5.3% to $1.49 billion from $1.58 billion.